DECENTRALIZATION OF THE NIGERIAN POWER SYSTEM – GOOD OR BAD?

Good.

It gives absolutely control to the decentralized stakeholders( state). It helps them manage their resources well, boost infrastructure in respective state if operated well .

Encourages accountability.

This is a move in the right direction,the perfect example of a round peg in a round hole.

If carefully managed and regulated with the right policies and harmonised frameworks of industry protocols, decentralisation is a not a bad idea. However, In the absense of statutory compliance and enforcement,, it becomes a potential failure from a regulatory and value stand point.

Nations successful with decentralised power systems, operate well because incentives and penalties exist; and performance is encouraged through different sets of metrics each operating entity is measures by NOT only in market competition but also in regulatory compliance to minimum industry best practices and policies. It must be intentional.

Tosin Abimbola

Decentralization of Nigeria power system will be the best in solving power problems in the country.

I believe it’s a step in the right direction . Decentralization will encourage private sector participation and in turn deeper level of capital investment by new players in the sector which is a requirement for GDP growth. The Power Sector remains a critical component of the Nigerian Economic and Growth Recovery Plan and this will definitely steer us in the right path.